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Asia-Pacific Economic Cooperation pushes microinsurance for disaster mitigation
The 21 member-economies of the Asia-Pacific Economic Cooperation (APEC) is pushing for microinsurance to mitigate the impact of natural disasters.
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- Asia Pacific
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- microfinance
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Mobile Money Amplified: Mondato Summit Africa to discuss the continent’s digital future in Johannesburg on June 2 – 3
A second generation of mobile financial tools and providers looks set to transform Africa’s economies. But while the outlines of Africa’s digital future may be faintly discernible, the substance is far from clear. Mondato Summit Africa, on June 2 - 3 in Johannesburg, South Africa, will seek to identify the key issues that will shape the evolution of African mobile commerce & finance in the years ahead.
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Native Startup Offers Crypto Remittance Service to Nigerians
Bitstake, a cryptocurrency exchange startup, offers a wide range of solutions to the 178 million people of Nigeria. Unlike most Bitcoin exchanges, which rely on users having access to the Internet in order to serve them, Bitstake has made it possible for its customers to access and use their wallets through SMS.
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- Sub-Saharan Africa
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- remittances
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Financial Inclusion: How Banking Is Coming to India’s Countryside
One of the ways that Indian Prime Minister Modi is trying to get more Indians into the financial system is by delivering state support straight into bank accounts of those who need it rather than via costly price subsidies.
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- South Asia
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Viewpoint: Nigeria: Microfinance Banks – Helping or Killing SMEs?
To say that the Small, Medium Enterprises is the engine room for economic development is to state the least, especially, in the third world countries, where the degree of unemployment is high and where there are so many qualified applicants chasing few and sometimes not available white collar jobs.
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- Sub-Saharan Africa
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- microfinance
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Blossom Offers Islamic Micro-Financing in Indonesia Using Bitcoin
A startup that recently relocated from San Francisco to Jakarta aims to shake up micro-finance in Indonesia.Blossom‘s concept can be said to be breaking ground: it operates onBitcoin and targets the global Muslim community.
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- Asia Pacific
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Going Digital Sustainably: How microfinance providers can balance business needs, technology constraints and the customer value proposition
A strong digital financial services model can reduce distribution costs and increase revenue for financial institutions that serve the poor. But the transition to digital requires an understanding of the full implications of the new service, and a strategy to encourage customer behaviors that will yield a successful investment. Grameen Foundation offers tips in the latest post in their series on what it takes for MFIs to go digital.
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- microfinance
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Press Release: MasterCard Fndn. Announces $150,000 Award for the Most Client-Centric Organization Advancing Financial Inclusion
The MasterCard Foundation today announced the opening of its Clients at the Centre Prize competition, a US$150,000 initiative to find and recognize the most customer-focused organization working to enable poor people in developing countries to access formal financial products and services.
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